Michael Myers
wholesaling is unethical???
26 August 2013 | 11 replies
Wholesaling using a double escrow is just one technique.You can use an option or an assignment.Is it unethical to deliver a solution to a seller who has a problem & you perform as promised?
Lauren Lucas
Would you consider college to be essential when going into a field such as real estate?
1 October 2013 | 25 replies
Being able to perform complex math formulas won't mean you'll understand accounting, that's pretty much basic math.
Timur Medaric
Appraisal Value vs Tax Assessed Value
12 November 2013 | 1 reply
An investor purchased it, performed a major rehab and sold it for $400,000 which was due to the fact that it is a high-value area in Fort Worth and the recently sold comps verified the market value of $400,000.
Edward Adekanbi
1031 or C corp
11 December 2013 | 5 replies
If you have a corporation which allow you to deduct business expenses do you still have to go through the process of performing a 1031 exchange on your profits since purchasing another investment property is a business expense.
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
20 October 2017 | 19 replies
As an installment sale, the asset is owned by the seller until performance of the buyer is completed.
Mike T.
Income Qualification For SD 401k
9 January 2014 | 3 replies
I know I need an accountant but have not found one I feel is a top performer.
James Park
Lease Option question on my 4000 sq ft SFR investment
18 January 2014 | 11 replies
Well, that wouldn't be an option it's a purchase agreement so I wouldn't go there as an option contract.Options can not have contingencies of any kind, especially based on performance of the optionee/buyer.The reason you have an option price in an option is for the right to purchase at a stated value based on the valuation made at the time of the option.
Michael Pham
Referral Fee
18 March 2014 | 3 replies
Example a buyer says they want multifamily but want a B asset in a B area fully performing at a 10 cap ( not going to happen as they trade in the high 7's nationally and maybe hit the 8's if your lucky ).
Michael Johnson
Subject-to vs. Loan Assumption
24 June 2014 | 5 replies
My friend works in a bank and they see but the loans are very rarely truthfully almost never called in because they are happy to have a healthy performing loan.
Tim Kindem
New Member from Minneapolis
28 July 2014 | 11 replies
I like '70s and '80s pop culture, mid-century design, and watching pretty much any sport.